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Cities with the most expensive homes in the Killeen metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Killeen metro area using data from . Charts show the monthly typical home value since January 2018. All 24 cities and towns with data available were included in the list.

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#24. Little River Academy, TX

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#24. Little River Academy, TX

- Typical home value: $209,257
- 1-year price change: -3.9%
- 5-year price change: +11.2%

#23. Killeen, TX

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#23. Killeen, TX

- Typical home value: $219,533
- 1-year price change: -1.1%
- 5-year price change: +17.9%

#22. Bartlett, TX

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#22. Bartlett, TX

- Typical home value: $222,354
- 1-year price change: +0.3%
- 5-year price change: -5.0%

#21. Copperas Cove, TX

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#21. Copperas Cove, TX

- Typical home value: $227,545
- 1-year price change: +0.1%
- 5-year price change: +21.1%

#19. Gatesville, TX

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#19. Gatesville, TX

- Typical home value: $245,995
- 1-year price change: +1.4%
- 5-year price change: +16.0%

#18. Morgans Point Resort, TX

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#18. Morgans Point Resort, TX

- Typical home value: $255,270
- 1-year price change: -1.6%
- 5-year price change: +17.2%

#17. Troy, TX

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#17. Troy, TX

- Typical home value: $258,378
- 1-year price change: -3.8%
- 5-year price change: +6.6%

#16. Oglesby, TX

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#16. Oglesby, TX

- Typical home value: $260,176
- 1-year price change: +2.0%
- 5-year price change: +15.7%

#14. Rogers, TX

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#14. Rogers, TX

- Typical home value: $279,687
- 1-year price change: -0.8%
- 5-year price change: +7.7%

#13. Lampasas, TX

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#13. Lampasas, TX

- Typical home value: $296,315
- 1-year price change: +1.6%
- 5-year price change: +23.5%

#12. Harker Heights, TX

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#12. Harker Heights, TX

- Typical home value: $298,007
- 1-year price change: +0.7%
- 5-year price change: +12.3%

#11. Nolanville, TX

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#11. Nolanville, TX

- Typical home value: $307,013
- 1-year price change: -2.0%
- 5-year price change: +13.7%

#9. Burlington, TX

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#9. Burlington, TX

- Typical home value: $322,486
- 1-year price change: +1.4%
- 5-year price change: data not available

#8. Moody, TX

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#8. Moody, TX

- Typical home value: $328,259
- 1-year price change: +1.3%
- 5-year price change: +25.4%

#7. Holland, TX

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#7. Holland, TX

- Typical home value: $341,415
- 1-year price change: -0.8%
- 5-year price change: +10.1%

#6. Lometa, TX

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#6. Lometa, TX

- Typical home value: $351,142
- 1-year price change: +8.4%
- 5-year price change: +19.0%

#5. Evant, TX

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#5. Evant, TX

- Typical home value: $352,761
- 1-year price change: +2.1%
- 5-year price change: +9.7%

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#4. Kempner, TX

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#4. Kempner, TX

- Typical home value: $369,091
- 1-year price change: +1.4%
- 5-year price change: +19.5%

#3. Jonesboro, TX

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#3. Jonesboro, TX

- Typical home value: $410,121
- 1-year price change: +2.2%
- 5-year price change: +17.4%

#2. Salado, TX

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#2. Salado, TX

- Typical home value: $487,849
- 1-year price change: -1.3%
- 5-year price change: +15.3%

#1. Purmela, TX

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#1. Purmela, TX

- Typical home value: $525,701
- 1-year price change: +5.9%
- 5-year price change: data not available